Mr. Eric Sprott, a shareholder, reports

ERIC SPROTT ANNOUNCES CHANGES TO HIS HOLDINGS IN SILVER SANDS RESOURCES CORP.

On March 23, 2024, 87,500 common share purchase warrants of Silver Sands Resources Corp. (held by 2176423 Ontario Ltd., a corporation Eric Sprott beneficially owns) expired unexercised, representing a decrease in holdings of approximately 5.7 per cent of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these warrants, Mr. Sprott beneficially owned 875,000 shares and 87,500 warrants, representing approximately 6.1 per cent of the outstanding shares on a non-diluted basis and approximately 6.6 per cent on a partially diluted basis, assuming the exercise of such warrants.

As a result of the warrant expiry, Mr. Sprott now beneficially owns 875,000 shares representing approximately 6.1 per cent of the outstanding shares on a non-diluted basis. The warrant expiry combined with previous new share issuances by Silver Sands Resources, resulted in an ownership change, on a partially diluted basis, of approximately 5.7 per cent since the date of the last filing of an early warning report and brings total holdings to under 10 per cent on a non-diluted basis. As a result, Mr. Sprott and 2176423 Ontario Ltd., ceased to be insiders of Silver Sands Resources.

The securities are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future, depending on market conditions, reformulation of plans and/or other relevant factors.

Silver Sands Resources is located at Suite 830, 1100 Melville St., Vancouver, B.C., V6E 4A6. A copy of the early warning report with respect to the foregoing will appear on Silver Sands Resources' profile on SEDAR+ and may also be obtained by calling Mr. Sprott's office at 416-945-3294 (2176423 Ontario Ltd., 7 King St. East, Suite 1106, Toronto, Ont., M5C 3C5).